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The 2011 Import and Export Market for Electric Smoothing Irons in Austria

  • ID: 1502546
  • Report
  • June 2010
  • Region: Austria
  • 28 pages
  • ICON Group International
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On the demand side, exporters and strategic planners focusing on electric smoothing irons in Austria face a number of questions. Which countries are supplying electric smoothing irons to Austria? How important is Austria compared to others in terms of the entire global and regional market? How much do the imports of electric smoothing irons vary from one country of origin to another in Austria? On the supply side, Austria also exports electric smoothing irons. Which countries receive the most exports from Austria? How are these exports concentrated across buyers? What is the value of these exports and which countries are the largest buyers?

This report was created for strategic planners, international marketing executives and import/export managers who are concerned with the market for electric smoothing irons in Austria. With the globalization of this market, managers can no longer be contented with a local view. Nor can managers be contented with out-of-date statistics which appear several years after the fact. I have developed a methodology, based on macroeconomic and trade models, to estimate the market for electric smoothing irons for those countries serving Austria via exports, or supplying from Austria via imports. It does so for the current year based on a variety of key historical indicators and econometric models.

In what follows, Chapter 2 begins by summarizing where Austria fits into the world market for imported and exported electric smoothing irons. The total level of imports and exports on a worldwide basis, and those for Austria in particular, is estimated using a model which aggregates across over 150 key country markets and projects these to the current year. From there, each country represents a percent of the world market. This market is served from a number of competitive countries of origin. Based on both demand- and supply-side dynamics, market shares by country of origin are then calculated across each country market destination. These shares lead to a volume of import and export values for each country and are aggregated to regional and world totals. In doing so, we are able to obtain maximum likelihood estimates of both the value of each market and the share that Austria is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize Austria compared to other major country markets. In this way, all the figures provided in this report are forecasts that can be combined with internal information sources for strategic planning purposes.

After the worldwide summary in Chapter 2 of both imports and exports of electric smoothing irons, Chapter 3 goes into detail on imports, but for each major country of origin serving Austria. A “major” market is defined as a country where Austria represents a substantially large share of either imports or exports. For each major country exporting to Austria, one can thus observe how important Austria is to that exporting country compared to other countries of the world. Chapter 4 does the same, but for exports of electric smoothing irons originating from Austria, for each major country of destination. In doing so, one can discover the share that Austria has in each major market; this share value is often used as a measure of competitiveness for Austria. In all cases, the total dollar volume and percentage share values by major trading partner are provided. Combined, Chapters 3 and 4 present a the total picture for imports and exports of electric smoothing irons to and from Austria to and from all other major countries in the world. "Electric Smoothing Irons" as a category is defined in this report following the definition given by the United Nations Statistics Division Classification Registry using the Standard International Trade Classification, Revision 3 (SITC, Rev. 3). The SITC code that defined "electric smoothing irons" is 77584 .
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2.1 Imports in Austria in 2011
2.2 Exports from Austria in 2011
3.1 Asia
3.1.1 China
3.1.2 Hong Kong
3.2 Europe
3.2.1 Czech Republic
3.2.2 France
3.2.3 Germany
3.2.4 Hungary
3.2.5 Italy
3.2.6 Romania
3.2.7 Spain
3.2.8 the Netherlands
4.1 Europe
4.1.1 Belgium
4.1.2 Bosnia and Herzegovina
4.1.3 Croatia
4.1.4 Czech Republic
4.1.5 France
4.1.6 Germany
4.1.7 Greece
4.1.8 Italy
4.1.9 Latvia
4.1.10 Romania
4.1.11 Russia
4.1.12 Slovenia
4.1.13 Sweden
5.1 Disclaimers & Safe Harbor
5.2 ICON Group Ltd. User Agreement Provisions

Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown